Question: with solution please Question 44 2 pts On January 1, 2021. Apollo Company received a promissory note from Electron Corporation for goods sold with a
Question 44 2 pts On January 1, 2021. Apollo Company received a promissory note from Electron Corporation for goods sold with a tace value of P200,000.00, a 3-vear term at 10% with interest payable at the end of each year. The effective rate was 12% Table factor rates for three periods Interest Rate 10% 12% 0.751314801 0.711780248 Present Value of P1 Present Value of Ordinary Annuity of P1 2.486851991 2.401831268 How much is the carrying value of the notes on December 31, 2022? P190.392.68 P193.239 80 P200.000,00 P196.428.50
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